The transaction structure of Shenzhen real estate market has transitioned to the dominant stock housing transaction, and the regulation of second-hand housing has become increasingly important. Under the continuous overweight of a number of policies, the effect of “fever reduction” in the market is remarkable. The trading volume of second-hand houses in the city has fallen in April, the lowest in nearly 17 months. The intermediary industry is suspected of “turnover tide”, losing nearly 12% of employees and closing more than 500 stores.
In July, 2557 second-hand houses were sold in the city, a new low in nearly 17 months
According to the Shenzhen real estate information network, in July, 2557 second-hand commercial houses were sold in Shenzhen, down slightly from the previous month, but it is worth noting that the data has fallen in April, reaching a new low for nearly 17 months, second only to 1667 in February 2020; According to the housing sales price index of 70 large and medium-sized cities in June 2021 released by the National Bureau of statistics, the month on month index of second-hand housing price in Shenzhen was 99.8, and the price decreased by 0.2% compared with the previous month. In addition, the second-hand housing price and the new commercial housing index decreased to varying degrees year-on-year.
Intermediary employees in Shenzhen decreased by more than 11% year-on-year
The increase or decrease of intermediary employees can also indirectly reflect the market heat. According to the statistics of Shenzhen real estate intermediary Association (hereinafter referred to as Shenzhen Real Estate Association), as of June, the number of licensed intermediaries was 458. From January to June 2021, taking the number of employees with effective real name registration at the time node on June 30 as an example, it has decreased by 11.8% year-on-year. According to the analysis of Shenzhen China Association, although there is a partial decline in the number of star employees registered with real names in the city, the total amount is still at a stable level (as shown in the figure below), which is mainly related to the timely supplement of employees by various institutions in the industry.
The number of intermediary newcomers has decreased, and more than 500 stores in the city have been closed
It is undeniable that due to the continuous downturn of the market, the attraction of the real estate intermediary industry has decreased compared with the past. The data show that the proportion of “newcomers” in the industry who have no experience in the industry fell from 55% in January 2021 to 40% in June, and the data showed a volatile downward trend.
Reprint indicated source：Spark Global Limited information